Greg Canavan of The Daily Reckoning
Interview with Greg Canavan, editor of Sound Money, Sound Investments. Greg talks about how the global financial system is built on debt, the key criteria in assessing gold stocks and a lot more.
Interview with Greg Canavan, editor of Sound Money, Sound Investments. Greg talks about how the global financial system is built on debt, the key criteria in assessing gold stocks and a lot more.
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Richard Carne, founder and managing editor of the emerging trends report, talks about The end game of fiat currency abuse.
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Listen to the interview with Andy Hoffman of Miles Franklin, as we discuss the global economic situation explained in layman’s terms, the important difference between currency and money, and several important details pertaining global economic crisis.
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A precious metals author and speaker, and he’s consulted with bullion banks, mints, mining companies, hedge funds, and pretty much anyone who’s anyone in the industry. David Morgan is the founder of the website silver-investor.com and he publishes a monthly newsletter called the Morgan Report.
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I am pretty sure everyone knows what gold is. But the term fiat currency is defined by businessdictionary.com as ‘the common type of currency issued by official order, and whose value is based on the issuing authority’s guarantee to pay the stated (face) amount on demand, and not on any intrinsic worth or extrinsic backing.
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From a very young age we are taught that a bank is the safest place in the world to keep your money. Then as we get older we go from a piggy bank full of coins to a square piece of plastic with your name on it.
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This interview features Gold Silver’s Mike Maloney who puts forward a very strong argument in discussing: Debt based currency systems create huge discrepancies of wealth and always fail. Don’t fall for conventional ignorance. Currency is borrowed into existence and we have to go deeper into debt for the system to keep functioning.
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